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 STOCK MARKET DISCUSSION V150

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SUSlowya
post Aug 17 2020, 09:33 AM

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QUOTE(RoxyMunky @ Aug 17 2020, 09:21 AM)
are you referring to Gold ETF in this context?
*
QUOTE(waghyu @ Aug 17 2020, 09:23 AM)
tomei/pohkong or u play xauusd?
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GOLDETF if bursa, there are XAU/USD gold etc u can also go in.

QUOTE(ljf123 @ Aug 17 2020, 09:29 AM)
supermx going south
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i cut loss too, but each time i cut i loose only 1% of my total fund.
ChAOoz
post Aug 17 2020, 09:34 AM

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QUOTE(arshad @ Aug 17 2020, 09:28 AM)
Anyone holding oil and gas counters?
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Holding Dialog, QR should be not bad.
annoymous1234
post Aug 17 2020, 09:34 AM

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well the glove mania has ended, top glove now at -2.3 at time of writing
Krv23490
post Aug 17 2020, 09:34 AM

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QUOTE(lowya @ Aug 17 2020, 09:33 AM)
GOLDETF if bursa, there are XAU/USD gold etc u can also go in.
i cut loss too, but each time i cut i loose only 1% of my total fund.
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same, no stress when discipline to stop loss and lose small
Boon3
post Aug 17 2020, 09:35 AM

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QUOTE(ZeroSOFInfinity @ Aug 17 2020, 09:30 AM)
I sold all, bought Maybank and RCECap. Already lost all my profit and a bit of my capital. A painful lesson indeed, but at least I learned.
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Let me ask you a simple question...

How much higher you think Maybank can go up?
ie what's your own target price for Maybank?
SUSbronkos
post Aug 17 2020, 09:36 AM

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no eye see, derail to 21
hellkvr
post Aug 17 2020, 09:37 AM

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damn, my prediction become reality, this morning they set a great bull trap after that its all crumble, waiting for technical rebound
ZeroSOFInfinity
post Aug 17 2020, 09:37 AM

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QUOTE(Boon3 @ Aug 17 2020, 09:35 AM)
Let me ask you a simple question...

How much higher you think Maybank can go up?
ie what's your own target price for Maybank?
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I am buying it mostly for dividend. If Maybank goes up to let's say...... 8+, might consider selling it just to get back the lost capital.
SGSuser
post Aug 17 2020, 09:38 AM

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higher the fall higher the rebound biggrin.gif
ChAOoz
post Aug 17 2020, 09:38 AM

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QUOTE(hellkvr @ Aug 17 2020, 09:37 AM)
damn, my prediction become reality, this morning they set a great bull trap after that its all crumble, waiting for technical rebound
*
Totally no support, not even 5 min of green.

Those that fall into the trap will be bag holdings already.
ZeroSOFInfinity
post Aug 17 2020, 09:39 AM

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QUOTE(hellkvr @ Aug 17 2020, 09:37 AM)
damn, my prediction become reality, this morning they set a great bull trap after that its all crumble, waiting for technical rebound
*
The trap did happen. And what my friend said is true. Leave while you still can. Gloves have crumbled.
theberry
post Aug 17 2020, 09:39 AM

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Kyy in the mid of writing articles
james.6831
post Aug 17 2020, 09:39 AM

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this is why ppl always say only invest with the money you don't mind losing...even if kena, won't kena until have to 14th floor
annoymous1234
post Aug 17 2020, 09:41 AM

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on the bright side, no need to stare at the screen now every minutes
Boon3
post Aug 17 2020, 09:41 AM

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QUOTE(ZeroSOFInfinity @ Aug 17 2020, 09:37 AM)
I am buying it mostly for dividend. If Maybank goes up to let's say...... 8+, might consider selling it just to get back the lost capital.
*
Do you know that in the last 3 years ....
if you had the magic crystal ball and could buy at the lowest price each year and held it for dividends....
the results was utterly disappointing.....

* I posted a test on it b4*
Holyboy27
post Aug 17 2020, 09:41 AM

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took a risk and it didnt pay off :/
ljf123
post Aug 17 2020, 09:41 AM

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QUOTE(theberry @ Aug 17 2020, 09:39 AM)
Kyy in the mid of writing articles
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kyy will calm everyone while he already offload his
hellkvr
post Aug 17 2020, 09:42 AM

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got a bit rebound, but no hope, its just technical rebound, it will fall afterward
james.6831
post Aug 17 2020, 09:44 AM

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guess no one will dare to hold until next QR for gloves haha
Vanguard 2015
post Aug 17 2020, 09:45 AM

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Good morning folks. This thread is quiet this morning which means that some of the forumers here are losing money and cutting their losses.

The glove stocks are continuing their downtrend, the support line has been broken. Will it rebound? Only God knows.

This could end up as a massacre like The Battle of The Alamo. However, I am hoping that it will end up like the Battle of the Little Bighorn, with us being the American Indians.

Relax guys, this too shall pass. In the meantime, let's eat our pop corn and see if there is any opportunity for day trading.

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